World Bulletin / News Desk
Europe must take a decision quickly on the future of Greece once the troika report from the European Commission, European Central Bank and International Monetary Fund is completed in October, French President Francois Hollande said on Saturday.
Hollande and Greek Prime Minister Antonis Samaras both told reporters after a meeting in Paris that Greece must remain in the euro zone.
"On the European side, we are waiting for the troika report... Once we have this report, once the commitments ... are confirmed, Europe has to do what it has to do," Hollande said.
"We've been facing this question for 2-1/2 years, there's no time to lose, there are commitments to reaffirm on both sides, decisions to take, and the sooner the better, that means after the troika report at the European summit in October."
As pro-Russian separatists control more than half of the coal mines in Ukraine, government looks elsewhere to supply coal demand.
Business executives warn of an investment slowdown, while the government wants companies to diversify sales.
The money will be used to develop infrastructure, power distribution and business cooperation, Tanzanian President Jakaya Kikwete said
If Russian oil giant Rosneft's request for $49 billion from the government is not met, Russia could face larger budgetary and revenue problems, say experts
China launched the first stage of an Asian development bank, in what is widely seen as a challenge to U.S.-backed international banks.
Aid agencies are tentatively also giving away cash and letting refugees decide for themselves what they need. The money is being wisely spent and rarely wasted
The research firm IHS estimated this week that ISIL militants were producing about $2 million worth of crude oil a day before recent U.S.-led air strikes.
The conflict between Turkish and Greek Cypriots on the island continues over the ownership of the hydrocarbon reserves in the exclusive economic zones off the shore of the island
Aeroplane maker company Boeing sells plane parts to Iran, as part of easing the sanctions and first step since 1979
OPEC's second-largest producer, Iran is normally among the first members of the oil producers' group to call for supply cuts to support prices.
The 21-member Asia-Pacific Economic Cooperation (APEC) bloc said they would advance structural reforms to unleash new sources of growth.
Ukraine needs to pay its previous debt to Russia by the end of the year and pay in advance for getting new volumes of natural gas
The loss of Khafji's 280,000 barrels per day of Arabian Heavy crude will be felt more in Kuwait, which has far less spare output than its neighbour
Under Lufthansa's proposals, pilots would still be able to retire early, but the age would gradually increase to 60 from 55.
Labor tension on the rise as high inflation reduces spending power.